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AIRTP

Air T, Inc.

Price Chart
Latest Quote

$20.42

Current Price
Previous Close $20.28
Open $20.34
Day High $20.42
Day Low $20.34
Volume 3,577
Fetched: 2026-02-03T09:04:25
Stock Information
Quarterly Dividend / Yield $2.00 / 9.79%
Shares Outstanding 3.04M
Total Debt $135.52M
Cash Equivalents $18.56M
Revenue $279.22M
Net Income $-5.61M
Sector Industrials
Industry Conglomerates
Market Cap $491.90M
P/E Ratio 60.77
EPS (TTM) $0.34
Exchange NGM
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📊 Custom Metrics & Score
Score: 15/42
Debt to Equity -40.15
Debt to Earnings 2.15
Current Ratio 1.65
Quick Ratio 0.65
Avg Revenue Growth 16.20%
Profit Margin -2.10%
Return on Equity 190.92%
Avg FCF Growth -30.64%
FCF Yield 1.59%
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
Date Close Volume
2026-02-02 $20.42 3,800
2026-01-30 $20.28 1,700
2026-01-29 $20.10 1,200
2026-01-28 $20.00 1,200
2026-01-27 $20.30 1,000
2026-01-26 $20.39 700
2026-01-23 $20.41 1,000
2026-01-22 $20.48 700
2026-01-21 $20.07 300
2026-01-20 $19.90 400
2026-01-16 $19.93 1,700
2026-01-15 $19.42 157,200
2026-01-14 $20.15 400
2026-01-13 $20.30 2,300
2026-01-12 $19.98 2,600
2026-01-09 $19.70 0
2026-01-08 $19.70 1,700
2026-01-07 $19.41 0
2026-01-06 $19.41 0
2026-01-05 $19.41 700
About Air T, Inc.

Air T, Inc. provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2025, this segment had 103 aircraft under the dry-lease agreements with FedEx. Its Ground Support Equipment segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The company's Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and various electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft to airlines and commercial aircraft leasing companies. This segment also provides composite aircraft structures, and repair and support services, as well as aircraft service and maintenance services. Its Digital Solutions segment develops and provides digital aviation and other business services to customers within the aviation industry. Air T, Inc. was incorporated in 1980 and is based in Charlotte, North Carolina.

Income Statement (Annual)
Revenue
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Reconciled Cost Of Revenue $231,659,000 $234,456,000 $198,498,000 $137,695,000
Cost Of Revenue $231,659,000 $234,456,000 $198,498,000 $137,695,000
Total Revenue $291,850,000 $286,834,000 $247,323,000 $177,077,000
Operating Revenue $291,850,000 $286,834,000 $247,323,000 $177,077,000
Expenses
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Interest Expense $8,606,000 $6,688,000 $7,932,000 $4,808,000
Total Expenses $289,507,000 $285,570,000 $243,882,000 $167,512,000
Other Income Expense $1,223,000 $1,701,000 $-6,859,000 $8,779,000
Other Non Operating Income Expenses $-209,000 $8,000 $-471,000 $1,221,000
Net Non Operating Interest Income Expense $-8,554,000 $-6,920,000 $-7,935,000 $-4,948,000
Total Other Finance Cost $323,000 $324,000 $331,000 $367,000
Interest Expense Non Operating $8,606,000 $6,688,000 $7,932,000 $4,808,000
Operating Expense $57,848,000 $51,114,000 $45,384,000 $29,817,000
General And Administrative Expense $57,848,000 $51,114,000 $42,844,000 $29,817,000
Other Operating Expenses - $2,912,000 $2,540,000 -
Income & Earnings
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Net Income From Continuing Operation Net Minority Interest $-6,140,000 $-6,819,000 $-12,295,000 $10,928,000
Net Interest Income $-8,554,000 $-6,920,000 $-7,935,000 $-4,948,000
Interest Income $375,000 $92,000 $328,000 $227,000
Normalized Income $-5,928,280 $-6,822,160 $-6,095,080 $4,061,327
Net Income From Continuing And Discontinued Operation $-6,140,000 $-6,819,000 $-12,295,000 $10,928,000
Total Operating Income As Reported $1,908,000 $1,264,000 $-4,407,000 $8,755,000
Net Income Common Stockholders $-6,140,000 $-6,819,000 $-12,295,000 $10,928,000
Net Income $-6,140,000 $-6,819,000 $-12,295,000 $10,928,000
Net Income Including Noncontrolling Interests $-5,411,000 $-4,684,000 $-11,785,000 $12,227,000
Net Income Continuous Operations $-5,411,000 $-4,684,000 $-11,785,000 $12,227,000
Pretax Income $-4,988,000 $-3,955,000 $-11,353,000 $13,396,000
Special Income Charges $-435,000 $0 $-7,848,000 $7,521,000
Earnings From Equity Interest $1,700,000 $1,689,000 $1,460,000 $37,000
Interest Income Non Operating $375,000 $92,000 $328,000 $227,000
Operating Income $2,343,000 $1,264,000 $3,441,000 $9,565,000
Gross Profit $60,191,000 $52,378,000 $48,825,000 $39,382,000
Net Income Discontinuous Operations - - - $0
Other
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Tax Effect Of Unusual Items $-56,280 $840 $-1,648,080 $654,327
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $8,242,000 $5,527,000 $8,589,000 $12,543,000
Total Unusual Items $-268,000 $4,000 $-7,848,000 $7,521,000
Total Unusual Items Excluding Goodwill $-268,000 $4,000 $-7,848,000 $7,521,000
Reconciled Depreciation $4,356,000 $2,798,000 $4,162,000 $1,860,000
EBITDA (Bullshit earnings) $7,974,000 $5,531,000 $741,000 $20,064,000
EBIT $3,618,000 $2,733,000 $-3,421,000 $18,204,000
Diluted NI Availto Com Stockholders $-6,140,000 $-6,819,000 $-12,295,000 $10,928,000
Minority Interests $-729,000 $-2,135,000 $-510,000 $-1,299,000
Tax Provision $423,000 $729,000 $432,000 $1,169,000
Restructuring And Mergern Acquisition $435,000 $0 - -
Gain On Sale Of Security $167,000 $4,000 - -
Selling General And Administration $57,848,000 $51,114,000 $42,844,000 $29,817,000
Other Gand A $57,848,000 $51,114,000 $42,844,000 $29,817,000
Gain On Sale Of Ppe - $-18,000 $-8,000 $-5,000
Write Off - $1,195,000 $7,324,000 $768,000
Impairment Of Capital Assets - $0 $516,000 $37,000
Other Special Charges - - - $-8,331,000
Fetched: 2026-02-02
Balance Sheet (Annual)
Assets
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Net Tangible Assets $-23,778,000 $-16,748,000 $-10,762,000 $1,227,000
Total Assets $173,778,000 $177,167,000 $189,562,000 $207,599,000
Total Non Current Assets $95,271,000 $74,290,000 $73,005,000 $79,356,000
Other Non Current Assets $1,635,000 $3,630,000 $3,921,000 $3,031,000
Non Current Note Receivables $5,850,000 $0 - -
Goodwill And Other Intangible Assets $20,562,000 $21,518,000 $22,666,000 $23,386,000
Other Intangible Assets $10,020,000 $10,978,000 $12,103,000 $13,260,000
Current Assets $78,507,000 $102,877,000 $116,557,000 $128,243,000
Other Current Assets $4,498,000 $3,475,000 $3,261,000 $10,106,000
Restricted Cash $1,258,000 $2,135,000 $3,445,000 $4,443,000
Prepaid Assets $3,103,000 $2,351,000 $2,501,000 -
Inventory $38,516,000 $60,720,000 $71,125,000 $75,167,000
Receivables $24,778,000 $26,565,000 $30,419,000 $32,052,000
Other Receivables $180,000 $3,093,000 $3,201,000 $9,138,000
Taxes Receivable $681,000 $561,000 $536,000 $3,230,000
Accounts Receivable $23,917,000 $22,911,000 $27,218,000 $19,684,000
Allowance For Doubtful Accounts Receivable $-1,338,000 $-1,420,000 $-1,160,000 $-1,368,000
Gross Accounts Receivable $25,255,000 $24,331,000 $28,378,000 $21,052,000
Cash Cash Equivalents And Short Term Investments $6,354,000 $7,631,000 $5,806,000 $6,475,000
Cash And Cash Equivalents $5,932,000 $7,100,000 $5,806,000 $5,616,000
Debt
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Net Debt $108,963,000 $105,826,000 $119,279,000 $130,192,000
Total Debt $129,115,000 $125,202,000 $137,520,000 $143,985,000
Long Term Debt And Capital Lease Obligation $116,357,000 $109,083,000 $97,120,000 $136,060,000
Long Term Debt $104,514,000 $98,568,000 $86,349,000 $129,326,000
Current Debt And Capital Lease Obligation $12,758,000 $16,119,000 $40,400,000 $7,925,000
Current Debt $10,381,000 $14,358,000 $38,736,000 $6,482,000
Other Current Borrowings $10,381,000 $14,358,000 $38,736,000 $6,482,000
Liabilities
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Liabilities Net Minority Interest $168,242,000 $158,371,000 $163,870,000 $171,121,000
Total Non Current Liabilities Net Minority Interest $120,581,000 $111,530,000 $99,584,000 $140,214,000
Other Non Current Liabilities $1,975,000 - $47,000 $1,342,000
Non Current Deferred Liabilities $2,249,000 $2,447,000 $2,417,000 $2,812,000
Non Current Deferred Taxes Liabilities $2,249,000 $2,447,000 $2,417,000 $2,812,000
Current Liabilities $47,661,000 $46,841,000 $64,286,000 $30,907,000
Other Current Liabilities $430,000 - - -
Current Deferred Liabilities $3,686,000 $2,956,000 $2,440,000 $2,948,000
Payables And Accrued Expenses $30,787,000 $27,766,000 $21,446,000 $22,982,000
Payables $17,782,000 $15,072,000 $10,753,000 $9,591,000
Accounts Payable $17,782,000 $15,072,000 $10,449,000 $9,397,000
Total Tax Payable - $139,000 $304,000 $194,000
Income Tax Payable - $139,000 $304,000 $194,000
Equity
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Common Stock Equity $-3,216,000 $4,770,000 $11,904,000 $24,613,000
Total Equity Gross Minority Interest $5,536,000 $18,796,000 $25,692,000 $36,478,000
Stockholders Equity $-3,216,000 $4,770,000 $11,904,000 $24,613,000
Gains Losses Not Affecting Retained Earnings $-647,000 $-80,000 $816,000 $-263,000
Retained Earnings $2,130,000 $8,192,000 $13,686,000 $26,729,000
Long Term Equity Investment $19,003,000 $16,653,000 $13,230,000 $9,864,000
Preferred Securities Outside Stock Equity - - - -
Other
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Treasury Shares Number $327,606 $256,850 $208,121 $156,327
Ordinary Shares Number $2,702,639 $2,775,163 $2,818,374 $2,866,418
Share Issued $3,030,245 $3,032,013 $3,026,495 $3,022,745
Tangible Book Value $-23,778,000 $-16,748,000 $-10,762,000 $1,227,000
Invested Capital $111,679,000 $117,696,000 $136,989,000 $160,421,000
Working Capital $30,846,000 $56,036,000 $52,271,000 $97,336,000
Capital Lease Obligations $14,220,000 $12,276,000 $12,435,000 $8,177,000
Total Capitalization $101,298,000 $103,338,000 $98,253,000 $153,939,000
Minority Interest $8,752,000 $14,026,000 $13,788,000 $11,865,000
Treasury Stock $6,404,000 $4,959,000 $4,083,000 $3,002,000
Additional Paid In Capital $947,000 $859,000 $728,000 $393,000
Capital Stock $758,000 $758,000 $757,000 $756,000
Common Stock $758,000 $758,000 $757,000 $756,000
Preferred Stock $0 $0 $0 $0
Long Term Capital Lease Obligation $11,843,000 $10,515,000 $10,771,000 $6,734,000
Current Deferred Revenue $3,686,000 $2,956,000 $2,440,000 -
Current Capital Lease Obligation $2,377,000 $1,761,000 $1,664,000 $1,443,000
Current Accrued Expenses $13,005,000 $12,694,000 $10,693,000 $13,391,000
Investments And Advances $19,003,000 $16,653,000 $13,230,000 $9,864,000
Goodwill $10,542,000 $10,540,000 $10,563,000 $10,126,000
Net PPE $48,221,000 $32,489,000 $33,188,000 $43,075,000
Accumulated Depreciation $-10,691,000 $-7,713,000 $-6,847,000 $-6,185,000
Gross PPE $58,912,000 $40,202,000 $40,035,000 $49,260,000
Leases $8,393,000 $7,656,000 $7,666,000 $6,297,000
Other Properties $29,387,000 $11,636,000 $11,972,000 $22,643,000
Machinery Furniture Equipment $7,282,000 $7,060,000 $6,547,000 $6,470,000
Buildings And Improvements $13,850,000 $13,850,000 $13,850,000 $13,850,000
Other Short Term Investments $422,000 $531,000 $0 $859,000
Fetched: 2026-02-02
Cash Flow Statement (Annual)
Free Cash Flow
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Free Cash Flow $7,817,000 $16,102,000 $15,731,000 $-34,642,000
Operating Activities
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow $23,496,000 $17,178,000 $16,909,000 $-33,084,000
Cash Flow From Continuing Operating Activities $23,496,000 $17,178,000 $16,909,000 $-33,084,000
Operating Gains Losses $-1,700,000 $-1,689,000 $-1,460,000 $-8,368,000
Cash From Discontinued Operating Activities - - - $0
Investing Activities
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Capital Expenditure $-15,679,000 $-1,076,000 $-1,178,000 $-1,558,000
Investing Cash Flow $-20,189,000 $-2,499,000 $-6,168,000 $-33,388,000
Cash Flow From Continuing Investing Activities $-20,189,000 $-2,499,000 $-6,168,000 $-33,388,000
Net Other Investing Changes $-3,513,000 $18,000 $-111,000 $-13,044,000
Capital Expenditure Reported $-15,679,000 $-1,076,000 $-1,178,000 $-1,558,000
Cash From Discontinued Investing Activities - - - -
Financing Activities
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Repurchase Of Capital Stock $-1,445,000 $-876,000 - -
Financing Cash Flow $-4,801,000 $-13,910,000 $-12,380,000 $59,254,000
Cash Flow From Continuing Financing Activities $-4,801,000 $-13,910,000 $-12,380,000 $59,254,000
Net Other Financing Charges $758,000 $-616,000 $-1,528,000 $2,745,000
Net Common Stock Issuance $-1,445,000 $-876,000 - -
Dividends Received Cfi $6,030,000 $3,192,000 $683,000 -
Other
Metric 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Repayment Of Debt $-166,416,000 $-170,297,000 $-160,808,000 $-88,364,000
Issuance Of Debt $161,392,000 $149,099,000 $149,956,000 $133,595,000
Interest Paid Supplemental Data $8,437,000 $3,891,000 $5,867,000 $1,523,000
Income Tax Paid Supplemental Data $983,000 $917,000 $1,026,000 $429,000
End Cash Position $6,757,000 $7,843,000 $7,090,000 $8,368,000
Beginning Cash Position $7,843,000 $7,090,000 $8,368,000 $15,927,000
Effect Of Exchange Rate Changes $408,000 $-16,000 $361,000 $-341,000
Changes In Cash $-1,494,000 $769,000 $-1,639,000 $-7,218,000
Proceeds From Stock Option Exercised $910,000 $8,780,000 $0 $11,278,000
Common Stock Payments $-1,445,000 $-876,000 - -
Net Issuance Payments Of Debt $-5,024,000 $-21,198,000 $-10,852,000 $45,231,000
Net Short Term Debt Issuance $5,139,000 $-17,707,000 $6,371,000 $14,812,000
Short Term Debt Payments $-131,376,000 $-141,956,000 $-132,958,000 $-84,551,000
Short Term Debt Issuance $136,515,000 $124,249,000 $139,329,000 $99,363,000
Net Long Term Debt Issuance $-10,163,000 $-3,491,000 $-17,223,000 $30,419,000
Long Term Debt Payments $-35,040,000 $-28,341,000 $-27,850,000 $-3,813,000
Long Term Debt Issuance $24,877,000 $24,850,000 $10,627,000 $34,232,000
Net Business Purchase And Sale $-7,027,000 $-4,633,000 $-5,562,000 $-19,601,000
Purchase Of Business $-7,027,000 $-4,633,000 $-5,562,000 $-19,601,000
Change In Working Capital $22,419,000 $18,264,000 $17,383,000 $-40,484,000
Change In Other Working Capital $-200,000 $-2,827,000 $5,213,000 $-10,793,000
Change In Payables And Accrued Expense $3,797,000 $7,001,000 $99,000 $565,000
Change In Accrued Expense $1,087,000 $2,378,000 $-893,000 $-485,000
Change In Payable $2,710,000 $4,623,000 $992,000 $1,050,000
Change In Account Payable $2,710,000 $4,623,000 $992,000 $1,050,000
Change In Inventory $20,630,000 $9,103,000 $10,163,000 $-17,602,000
Change In Receivables $-1,808,000 $4,987,000 $1,908,000 $-12,654,000
Changes In Account Receivables $-1,808,000 $4,047,000 $-6,290,000 $-12,654,000
Other Non Cash Items $2,369,000 $1,294,000 $769,000 $876,000
Asset Impairment Charge $1,463,000 $1,195,000 $7,840,000 $805,000
Depreciation Amortization Depletion $4,356,000 $2,798,000 $4,162,000 $1,860,000
Depreciation And Amortization $4,356,000 $2,798,000 $4,162,000 $1,860,000
Earnings Losses From Equity Investments $-1,700,000 $-1,689,000 $-1,460,000 $-37,000
Net Income From Continuing Operations $-5,411,000 $-4,684,000 $-11,785,000 $12,227,000
Net Investment Purchase And Sale - - $0 $815,000
Sale Of Investment - - $0 $815,000
Purchase Of Investment - - - $0
Net PPE Purchase And Sale - - - $0
Sale Of PPE - - - $0
Gain Loss On Sale Of PPE - - - $0
Fetched: 2026-02-02